Auburn National Bancorporation (NASDAQ:AUBN) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Auburn National Bancorporation Stock Down 0.3 %

Shares of Auburn National Bancorporation stock opened at $23.19 on Friday. The business has a 50-day moving average price of $22.28 and a 200 day moving average price of $20.25. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.25. The firm has a market cap of $81.03 million, a P/E ratio of 92.76 and a beta of 0.56.

Institutional Investors Weigh In On Auburn National Bancorporation

Several institutional investors and hedge funds have recently made changes to their positions in the company. Captrust Financial Advisors bought a new stake in Auburn National Bancorporation during the third quarter valued at $211,000. RBF Capital LLC acquired a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at about $229,000. Empowered Funds LLC grew its position in shares of Auburn National Bancorporation by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock valued at $243,000 after buying an additional 536 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Auburn National Bancorporation by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after buying an additional 1,429 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in Auburn National Bancorporation by 14.9% during the third quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock worth $650,000 after acquiring an additional 3,691 shares during the period. 39.46% of the stock is owned by institutional investors and hedge funds.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.